Hydrogen Transport and Storage Report

The purpose of this report is to identify and discuss the complexities and hurdles to building a low-carbon hydrogen economy, examine technology leaders that are bridging such challenges, uncover technology that could enable progress and suggest areas of focus for further industry engagement. With a focus on hydrogen transport and storage, the report identifies and provides current technically feasible options and practical steps to reduce cost of transport and storage. Lastly, the report includes a summary of technologies that are not ready for market or have a technical readiness level and permitting issues with regulatory and compliance challenges for hydrogen transport, storage, and station development. As the world rapidly explores options for reducing carbon emissions, low-carbon hydrogen is gaining momentum as a key energy alternative which can help society meet carbon reduction targets. Hydrogen could deliver an estimated 880 GT CO2e1 reduction, which could contribute to a global emissions reduction of eight per cent if production and utilization targets of 660 mtpa are achieved. Hydrogen has high energy density and a range of potential applications. Governments and companies around the world are increasingly investing in research, development, and deployment in support of building a global hydrogen economy. For society to realise the full potential of hydrogen as an energy transition enabler, accelerated action is needed, particularly in the coming decade, to achieve safe, reliable, and cost-competitive production, transport, storage, and use of hydrogen at scale.